Blog Articles for H.R.5818
H.R.5818: To authorize the Secretary of Housing and Urban Development to make loans to States to acquire foreclosed housing and to make grants to States for related costs.
September 17, 2008 Can Congress Bailout the US financial System? Should it?
Congress has several ideas on the table to consider (HR 5830, HR 3915, HR 5818, S. 2338, S. 2636, just to name a few). Is setting up a new RTC to deal with the current crisis a good idea? To my Congressional readers - of whom there are ...
August 19, 2008 Big Gov Responsible for Housing Bubble
HR 5818 the Neighborhood Stabilization Act, would provide $15 billion in loans and grants to localities to purchase and renovate foreclosed homes with the object of then selling or renting out those homes. Thankfully, President Bush has ...
Source: Stop Foreclosure
August 07, 2008 Congressman's response to plea to keep DPA alive...fuggetabowdit!
The second measure of note is the Neighborhood Stabilization Act of 2008 (HR 5818) which would provide loans and grants to states and cities to deal with problems associated with large numbers of foreclosures in neighborhoods across the ...
Source: Rich Sweum's Blog
July 09, 2008 Subprime Lending
NNIP Informs Federal Policy on Subprime Lending in Neighborhoods. MAY 2008 - Tom Kingsley, the director of National Neighborhood Indicators Partnership (NNIP), and two local NNIP partners from Memphis and New York City will testify in ...
Source: Problem Properties Collaborative
July 02, 2008 Ohio Lawmakers Urge Community Stabilization Funds
The Ohio members say preference would be to increase stabilization funds figure to the $15 billion in grant and loan funds the House approved in HR 5818. However, they say that a minimum of at least $4 billion is necessary to address ...
Source: On The Hill
June 27, 2008 Big Gov Responsible for Housing Bubble
HR 5818 the Neighborhood Stabilization Act, would provide $15 billion in loans and grants to localities to purchase and renovate foreclosed homes with the object of then selling or renting out those homes. Thankfully, President Bush has ...
June 23, 2008 Housing Grants
By a vote of 239-188, the House passed The Neighborhood Stabilization Act (HR 5818), which authorizes a $15 billion federal grant and loan program to help state and local governments purchase, . Housing Grants Construction And ...
Source: Housing Grants
June 23, 2008 The Bailout Culture: Discouraging Responsibility Since 1979
Case and point, Massachusetts liberal and aspiring Menino impersonator Barney Frank has introduced HR 5818, the "Neighborhood Stabilization act of 2008" which will create a $15 billion slush fund with which to bail out unwise borrowers ...
Source: The Foggy Blogger
June 16, 2008 Mortgage Crisis Forcing Americans Into Tents Update-1
Today the House passed (Roll Call Vote 299) the Neighborhood Stabilization Act of 2008 (HR 5818) which will enable HUD to help states mop-up existing foreclosed properties. Foreclosed properties are thought to create downward pressure ...
June 15, 2008 Abandoned Properties Are Next Wave of Subprime Mortgage Mess
Alexander's testimony focused on HR 5818: Neighborhood Stabilization Act of 2008, which would allocate $15 billion to state and local governments hardest hit by the foreclosure crisis. The bill proposes that the communities most ...
June 12, 2008 Mortgage Meltdown: Towns File Bankruptcy: Vallejo
Iâm not an expert on macroeconomics, but it does not look to me as if HR 5818, The Neighborhood Stabilization Act of 2008, is a viable solution to the problems facing Vallejo or any other community in a similar position. ...
Source: Livinglies's Weblog
June 09, 2008 Flip This House
Flip This House. Peter's latest find is a flip gone bad, abandon by the previous flippers who were overwhelmed by costly permits and forced into foreclosure. It's an attractive, high-end home with loads of money-making potential if ...
Source: Flip This House
June 07, 2008 Government Is No Good At âFlip That Houseâ
By a vote of 239-188, the House passed The Neighborhood Stabilization Act (HR 5818), which authorizes a $15 billion federal grant and loan program to help state and local governments purchase, rehabilitate, and resell or rent foreclosed ...
Source: Housing Doom Housing Bubble Blog
June 06, 2008 Flip This House
On behalf of Americans for Prosperityâs 250000 members, I am writing to express our strong concerns about HR 5818, the Neighborhood Stabilization Act. HR 5818 would authorize HUD to make up to $7.5 . Flip This House Tv Show Armando puts ...
Source: Flip This House
June 03, 2008 Undocumented Immigrantsâ Ineligibility for Certain Financial ...
Vote to adopt an amendment that prevents undocumented immigrants from receiving financial assistance under HR 5818, a bill that allows states to obtain loans from the federal government to acquire foreclosed houses and provide housing ...
Source: 2008 Presidential Election
May 27, 2008 Loan and Grant Program to Assist States with the Purchase and ...
At this time, we have posted the voting record for HR 5818 so you can see how the office holder representing you has voted on this piece of legislation. We will have a detailed summary available as soon as possible.
Source: 2008 Presidential Election
May 24, 2008 Federal Legislation Affecting Cities
HR 5818, The Neighborhood Stabilization Act, authorizes a one-year $15 billion grant and loan program to help ease the growing burden of vacant housing on cities and states. Funding could be used to purchase qualified houses made vacant ...
Source: elauderhill News
May 22, 2008 Alexander Testifies Before Congress on Neighborhood Aid Bill
Todayâs testimony focuses on HR 5818: Neighborhood Stabilization Act of 2008, which would allocate $15 billion to state and local governments hardest hit by the foreclosure crisis. âOnce foreclosures have occurred, the costs of vacant ...
Source: Emory Law Latest News
May 22, 2008 Google Alert - stimulus
HR 5818 not a stimulus package Talk Radio News Service - Washington,DC,USA ... and the innocent victims of home foreclosures and vacancies, not on foreclosure prevention like the stimulus package under consideration in the Senate. ...
Source: Free Online Links
May 22, 2008 Alexander Testifies Before Congress on Neighborhood Aid Bill
Todayâs testimony focuses on HR 5818: Neighborhood Stabilization Act of 2008, a $15 billion bill which he helped draft. âOnce foreclosures have occurred, the costs of vacant houses are borne by the adjoining property owners, ...
Source: Emory Law Latest News
May 22, 2008 HR 5818 not a stimulus package
Frank Alexander, a law professor at Emory University, describes that HR 5818 focuses on neighborhoods and the innocent victims of home foreclosures and vacancies, not on foreclosure prevention like the stimulus package under ...
Source: The Talk Radio News Service
May 21, 2008 NNIP Testifies at Congressional Hearings
Panelists will examine local strategies to mitigate the effects of and prevent vacancies; differences between strong housing markets and weaker ones; and new federal legislation (HR 5818) aimed at addressing the problem. ...
Source: Community Indicators
May 18, 2008 Vito Fossella's recent legislative votes
Neighborhood Stabilization Act of 2008, HR 5818 Vote Passed (239-188, 6 Not Voting) The House voted to provide $15 billion to states and municipalities for the purchase and rehabilitation of foreclosed homes. Rep. Vito Fossella voted NO ...
May 15, 2008 Ron Paul says Big Government is Responsible for the Housing Bubble ...
HR 5818 the Neighborhood Stabilization Act, would provide $15 billion in loans and grants to localities to purchase and renovate foreclosed homes with the object of then selling or renting out those homes. Thankfully, President Bush has ...
Source: Brushfires of Freedom
May 15, 2008 Ron Paul: Big Government Responsible for Housing Bubble
HR 5818 the Neighborhood Stabilization Act, would provide $15 billion in loans and grants to localities to purchase and renovate foreclosed homes with the object of then selling or renting out those homes. Thankfully, President Bush has ...
May 14, 2008 HOUSE PASSES BILL INTRODUCED BY CONGRESSWOMAN WATERS TO HELP ...
By a vote of 239-188, the House passed The Neighborhood Stabilization Act (HR 5818), which authorizes a $15 billion federal grant and loan program to help state and local governments purchase, rehabilitate, and resell or rent foreclosed ...
Source: Federal Loan Modification
May 14, 2008 News and Notes: Ohio Congressional Races
... housing markets and weaker ones, as well as local strategies to mitigate the effects of and prevent vacancies, estimates of the size of the national problem, and new federal legislation aimed at addressing the problem: HR 5818. ...
May 14, 2008 Congressman Roskam: High Potential for Corruption in $15 billion ...
Congressman Roskam took to the floor of the House of Representatives yesterday to point out the potential for egregious abuse and corruption in HR 5818, the Neighborhood Stabilization Act of 2008. This legislation would provide $15 ...
May 14, 2008 Mortgage Action Alliance Newsletter for May 12th, 2008
In related news, on Thursday, May 8, the House voted on Financial Services Subcommittee on Housing and Community Opportunity Chairwoman Maxine Watersâ (D-CA) bill, HR 5818, âThe Neighborhood Stabilization Act of 2008,â which passed by a ...
May 14, 2008 Congressman Roskum: "High Potential for Corruption in $15 billion ...
Congressman Roskam took to the floor of the House of Representatives yesterday to point out the potential for egregious abuse and corruption in HR 5818, the Neighborhood Stabilization Act of 2008. This legislation would provide $15 ...
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